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Property profile & analytics
OFF-MARKET
Estimated value
$8,175,000
Hotels
4975 Vly Vw Blvd Las Vegas, NV 89118-1708
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-0232388
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1997
Construction
FRAME
Total area
29,668 SF
Lot
1.5 ac (65,340 SF)
APN
162-30-501-011
UPID
US62-0232388
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
LA quìnta Homestay
-
La Quinta Inn & Suites by Wyndham LV Tropicana/Stadium Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.99M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.19M
Blend (final)
Blend
$8.18M
Owner & transaction history
Exeter 22573 Tropicana Nv LLC · 3 yrs held
Exeter 22573 Tropicana Nv LLC
since 2022
Last sale
$8.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$12.9M
+62.8%
Retail stores
$11.1M
+40.2%
Industrial (general)
$9.4M
+19.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Vegas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$8,085,000
ML approach
$7,990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$7,910,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$12,880,000
Change: +63% · Conversion: Difficult
RETAIL STORES
$11,090,000
Change: +40% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$9,440,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$8.18M
Range $7.36M – $8.99M · ±10% · vs last sale $8.30M (Sep 6 2022)
Last sale anchor
$8.30M
Sep 6 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$276 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$40,927
Tax year 2023
Assessed value
$1,519,921
Assessed 2024
Previous assessed
$1,398,167
+8.7% YoY
Effective rate
2.69%
On assessed value
Assessed land
$474,950
Assessed improvement
$1,044,971
Land market value
$1,357,000
Improvement market value
$2,985,631
Total market value
$4,342,631
Applied tax rate
470.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1997
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Units
59
Total area
29,668 SF
Lot
1.5 ac (65,340 SF)
APN
162-30-501-011
UPID
US62-0232388
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$7.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.9M
RETAIL STORES
Est. value
$11.1M
INDUSTRIAL (GENERAL)
Est. value
$9.4M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Units
59
Lot
1.5 ac
Current owner
From public records · entity-resolved
Exeter 22573 Tropicana Nv LLC
Entity
Free & Clear · 3 yrs held
Mailing address
468 N CAMDEN DR STE #300, BEVERLY HILLS, CA 90210-4507
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2022
$8,300,000
Exeter 22573 Tropicana Nv LLC
Ccp Vegas LLC
Bargain And Sale Deed
—
Nov 13, 2017
—
Ccp Vegas LLC
—
Deed
related
$1,870,000 · Nevada St Dev
Sep 28, 2017
$6,350,000
Ccp Vegas LLC
Tropicana Inn Vestments 2 0 LLC
Bargain And Sale Deed
$3,204,935 · Community Bank
Dec 14, 2012
$1,600,000
Bank Of Las Vegas
Kolesar & Leatham
Trustees Deed
related
—
Sep 24, 2004
$3,544,000
Pramukh Krupa INC
Tropicana Inn-vestments LLC
Grant Deed
$2,730,000 · Red Rock Community Bank
Sep 18, 1997
—
Tropicana Inn-vestments LLC
Tropicana Inn-vestments LLC
Quit Claim Deed
related
$1,900,000 · Comstock Bank
Sep 22, 1995
$700,000
Tropicana Inn-vestments LLC
Pacheco,ernest I & Frances
Grant Deed
$1,750,000 · Sun State Bank
Jun 2, 1995
—
Clark County
Pacheco,earnest I & Frances I
Grant Deed
related
—
—
—
Tropicana Inn-vestments LLC
—
Deed Of Trust
related
$2,400,000 · Valley Independent Bank
—
—
Tropicana Inn-vestments 2 0 Ll
—
Deed Of Trust
related
$2,642,000 · Mountain America Cu
—
—
Tropicana Inn-investments LLC
—
Deed Of Trust
related
$2,675,000 · Sunwest Bank
—
—
Ccp Vegas LLC
—
Deed Of Trust
related
$1,870,000 · Nevada St Dev
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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